What if power was free?

[Brad Pitt]

What if power was free? What if money was free  . Having free electricity from solar pannels is great, but you need to spoend a lot on equipment to get any decent money out of it.

[Balls]

If only it was as easy as having free electricity. It's really a shame that mining isn't really viable for beginners or for anyone to just simply start doing it now. I wonder if this will change in the future? Is it possible that cost of equipment would come down significantly for that to happen? I really hope so but I'm not sure it's possible.

[Ayers]

even with solar panel, you have always some cost to sustain, like the battery(can't last forever), there isn't really something "free" anymore

[vipgelsi]

It would be a whole diffrent ball game even pc's would still be mining.

[Daengineer]

unless u can find another purpose for the solar (light lighting a building) then dont bother imo, the mining system is starting to look weak on return unless you have a lot of power for short term.

So, don't forget to take in account the repairs u will need on solar over the years

Solar is a stupid investment right now since the installation costs are huge and there is little evidence of repair cost budgeting since its relatively modern.

Solar is a great investment if you know what you are doing I built my 10kw system and installed it for .60 dollars a watt normal prices are around 3-5 dollars.

Power will never be free, someone always must pay for it. Maybe when cold fusion will be used in every country, then power will cost close to nothing

Cold fusion is a pipe dream, nuclear fusion is the thing right now at MIT then are producing a system that could power the whole united states with double the electricity it produces right now. By firing 192 chemical lasers at a central point that contains hydrogen atoms. They then collect the resulting energy shed from the fusion.

[Golden-Fox]

There already are people who are mining in regions where electricity is cheap or subsidized.

It increase the chance of making profit.

[notlist3d]

unless u can find another purpose for the solar (light lighting a building) then dont bother imo, the mining system is starting to look weak on return unless you have a lot of power for short term.

So, don't forget to take in account the repairs u will need on solar over the years

Solar is a stupid investment right now since the installation costs are huge and there is little evidence of repair cost budgeting since its relatively modern.

Solar is a great investment if you know what you are doing I built my 10kw system and installed it for .60 dollars a watt normal prices are around 3-5 dollars.

Power will never be free, someone always must pay for it. Maybe when cold fusion will be used in every country, then power will cost close to nothing

Cold fusion is a pipe dream, nuclear fusion is the thing right now at MIT then are producing a system that could power the whole united states with double the electricity it produces right now. By firing 192 chemical lasers at a central point that contains hydrogen atoms. They then collect the resulting energy shed from the fusion.

The investment quality i think depends on your electrical rate.  Personally at my rate i cannot justify solar .10 kwh about.  If you pay a great amount it is possible but there is a lot of costs that i think make it hard to justify for most.

[screwUdriver]

Power will never be free, someone always must pay for it. Maybe when cold fusion will be used in every country, then power will cost close to nothing

This is not true. It is possible that electricity is included in your rent (your landlord would likely make an assumption as to the average electric consumption per apartment/house and price accordingly). Although the landlord would be paying for the added electricity, the added usage would not be reflected in your monthly amount due. 

[bitsalame]

@screwUdriver
So it is true, "someone always must pay for it".
The only difference is that you are screwing your landlord.

[cock-a-doodle]

hmmmm.. that is a great thought to ponder. 

[Testing123]

@screwUdriver
So it is true, "someone always must pay for it".
The only difference is that you are screwing your landlord.

Exactly.
It may be your parents, your landlord or your boss paying the bill, but in the end the power is not free.
And if you are drawing too much power, be prepare to be punished.

[tsm]

power was free, then the major issue would be keeping up with performance.

[calchuchesta]

Combine cold fusion, geothermal, wind powered, and solar power and then you tell me who the fuck is going to ask for money. I will be game over for these damn scammers and their oligopolies. The only guy getting the money will be the one that really deserves it, aka the technician that knows how to repair the energy receptors/generators and what not, not some rich cunt hoarding earth's resources.

[Grand_Voyageur]

Combine cold fusion, geothermal, wind powered, and solar power and then you tell me who the fuck is going to ask for money. I will be game over for these damn scammers and their oligopolies. The only guy getting the money will be the one that really deserves it, aka the technician that knows how to repair the energy receptors/generators and what not, not some rich cunt hoarding earth's resources.

  How can you say who's really deserving money? 

[Eikuna]

many people  will save more money..  . But i think why don't we have free power for everyone?

[kassadin]

yeah power might show some ways of being free, but people with money dont allow it.

[SamTsuedo]

It will be free or almost free one day...Yeah one day

[jjacob]

There are countries where the cost of generation is very low (abundant wind power, much more than the demand) or the government subsidizes it. I bet bitcoin miners are having a field run in such countries. 

[notlist3d]

If the whole world got along. And we all don't need money.  We can live in a star trek universe!

Ok we know this won't happen anytime soon .  If it did electric cars would sure go up in popularity.

[Kakmakr]

I some countries, you cannot sell surpluss power, back into the grid. ^Frown^

In such a situation, it would be better to use that surplus power, and use it for mining, where you can get some profit.

You also used none of your own funding, to setup the panels, which puts you, in a better situation than other people, who first have to reach ROI on capital used to setup the Panel grid. ^Grin^

I say, go for it. ^Smile^